Awards & Rankings
Awards & Rankings
Press Contacts: Erik Cummins, Matt Hyams, Taina Rosa, Olivia Thomas
09.29.25
Pillsbury has earned two prestigious industry awards for its successful representation of Biolase, Inc., a global market leader in the manufacturing and marketing of dental laser systems, in a complex cross-border distressed transaction.
The firm was recognized with the Cross-Border Distressed M&A Deal of the Year (Small Markets) at the 17th Annual Turnaround Atlas Awards, which honor the most value-creating transactions and outstanding achievements in global restructuring and distressed investing. The firm also received the Corporate/Strategic Deal of the Year ($10MM – $25MM) at the 16th Annual International M&A Awards, presented by The M&A Advisor, which celebrate the top cross-border M&A and restructuring deals impacting multiple international markets.
The recognition stems from the firm’s representation of Biolase on its $20.050 million acquisition by MegaGen Implant Co., Ltd. Following Biolase’s voluntary chapter 11 filing in October 2024, Pillsbury guided the company through a competitive sale process conducted under Section 363 of the U.S. Bankruptcy Code. The process resulted in a winning bid that exceeded an earlier competing offer by several million dollars, maximizing value for stakeholders and enabling the successful confirmation of a comprehensive plan of liquidation in February 2025.
The Pillsbury deal team was led by Insolvency & Restructuring partners Josh Morse and Dania Slim and included Corporate partner Allison Leopold Tilley and associate Jon Schreiber; Intellectual Property partners Mark Litvack, Ranjini Acharya and David Jakopin; and Employment Law senior counsel Laura Latham.
Pillsbury Insolvency & Restructuring lawyers are widely recognized for devising cutting-edge solutions for financial institutions, secured and unsecured creditors, debtors and borrowers, indenture trustees, distressed investors and other interested parties. The team deftly navigates clients through business cycles, bankruptcies, complex restructurings and workouts and has extensive experience in chapter 11 cases, pre-arranged and pre-packaged bankruptcies, out-of-court restructurings, distressed M&As, capital raising and refinancings, recapitalizations and asset sales.